E-Book Sales Statistics: 9.7 Billion Business By 2016

"Ebook sales are expected to generate $9.7 billion worldwide in 2016, more than three times the $3.2 billion the category is expected to generate this year, according to one forecaster.

Strong demand for tablets will drive the growth, UK-based Juniper Research said in a report published Thursday. Nearly 30% of all ebooks in 2016 will be downloaded to tablets."

Statistics Source: Mashable